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If you want to build a business that’s still around in five or 10 years, I believe balancing your life and work is the smartest way to grow both your impact and revenue.

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This is the ideal place for women to gain a stronghold into the inner workings of an organization’s leadership.

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Hiring for a senior position at a company usually requires a lot more time and effort than hiring for other positions. In many cases, business owners may have a hard time finding the most effective way to source senior talent for their organization. You don't want to lose out on great talent, but you also need to spot the best talent out of the field of applicants, because making a wrong hire at this level can spell disaster for the organization. To offer some guidance, 13 professionals from Young Entrepreneur Council (YEC) use their own experience hiring for senior-level positions to reflect on the following question: “What's the best recruiting lesson you've learned when it comes to hiring for a senior position within your company? How has it affected future hires?”   Here’s a few of their most important tips.

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It may be the game-changer you need to stay afloat.

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There are a few key indicators and many of them come down to time and efficiency.

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Growing a business seems like a simple prospect, and it can be deceptively simple on paper. However, once you start to delve into the heart of the matter, you realize that a service-based business requires some deep thought before you can scale it. In any business place (but especially in a service-centered organization), time is money. You can only be present so often at locations that need you to be there. As the business grows, these locations multiply, while just one of you remains. How does an entrepreneur deal with this? Eight experts from Young Entrepreneur Council discuss how they grew their own service-based companies, offering actionable advice for any entrepreneur who wants to follow the same tactics.

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As many of us continue to navigate the world of remote work for the foreseeable future, we can begin to harness the multiple opportunities that it offers.

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Learning from others is vital to your success. It's a widely held belief that experience is the world's best teacher. Life lessons, both in and out of business, usually stem from experiences. However, as people, we can't expect to have all the experiences we need to figure out what to do in a particular situation. That's why learning from the experiences of others is such a vital skill for an entrepreneur. If you end up in a situation where you're not sure how to proceed, you might want to ask other, more experienced persons in the industry. To help newer entrepreneurs, these 14 experts from Young Entrepreneur Council have offered to discuss the lessons they learned from their earlier positions and why they were crucial to success.

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Now is the time to reflect on how you manage yourself and how you manage others.

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In any work environment, new teammates or employees need to be picked with careful consideration as a wrong hire risks threatening office balance and even worse, affecting the entire team’s morale and productivity. After all, the temperament and emotional intelligence of each team member can be crucial to how efficient and effective the business is as a whole. As a young entrepreneur who does not have a wealth of experience weeding out potentially bad candidates, it’s essential to know what traits and skills to look for in order to identify the right fit for the team. To aid younger professionals, eight business owners from Young Entrepreneur Council explain the nonnegotiable traits they look for in their employees or teammates and why they are so important.

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Company culture is the foundation of how a business functions. When a business hires new employees, there can be a tendency for those newcomers to shape company culture through their personalities. On rare occasions, these people can be charismatic enough to change company culture completely. If the changes benefit the organization, then this might be a good thing. However, more often than not, these changes can be detrimental to the workplace and alienate the employees who have been there longer. To help new entrepreneurs deal with hiring new employees and maintaining their company culture throughout, eight members of Young Entrepreneur Council explain below how they managed to balance company culture with new hires.

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An awkward conversation can be a minefield -- one wrong move could spell disaster. The stakes are even higher within a workplace environment. Since colleagues tend to be in close quarters throughout the day, uncomfortable situations that stem from these difficult conversations can fester and lead to unhappiness for both parties. When dealing with a difficult discussion with a co-worker, it's possible that you will read the situation or tone badly, and snowball the debate into a disastrous exchange. To help you deal with difficult conversations a little easier, eight contributors to Young Entrepreneur Council offer advice on how to deal with these interactions and what things to avoid that could could be detrimental to your future career and prospects.

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Think outside the box to attract top talent in today's competitive hiring market.